Phoenix, AZ, and Milan, Italy, December 21, 2010 - Phoenix NAP®, a premier datacenter and network access point, announces today that Tinet, a Neutral Tandem company (Nasdaq: TNDM) and a global carrier exclusively committed to the IP and Ethernet wholesale markets, has deployed a Point of Presence (PoP) within the Phoenix NAP facility.
"The addition of Tinet to our datacenter is a significant component of our strategy to provide a multitude of high-quality global connectivity options to Phoenix NAP clients. As one of the top-ranked IPv6 and IPv4 networks worldwide, Tinet, with its extensive coverage around Europe, North America and Asia Pacific, will be a valuable partner to Phoenix NAP clients that are seeking worldwide reach. We're excited to have them in our facility's meet-me room," states Ian McClarty, president of Phoenix NAP.
Tinet will offer its portfolio of high performing global connectivity solutions out of Phoenix NAP, including IP Transit services utilizing both IPv4 and IPv6 routing, and Ethernet services.
"Tinet is proud to establish our presence in Phoenix, as a further step of our expansion plan in North America," states Maurizio Binello, Chief Operating Officer. "This is the fifth new market that Tinet has added in the past few months in the US. We believe that Phoenix has large business potential and that Phoenix NAP is the right partner to support our growth."
As a network access point, Phoenix NAP strives to offer its customers a vast array of network connectivity solutions. Clients of the datacenter can select whichever option best meets their needs, and can work directly with a provider, such as Tinet, or with Phoenix NAP's carrier neutral sales staff, to obtain service. For more information, please visit www.phoenixnap.com.
Cautions Concerning Forward Looking Statements
This press release contains "forward-looking statements" that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include any expectations relating to earnings, revenues or other financial items; any statements of the plans, strategies and objectives of management for future operations; factors that may affect our operating results; statements concerning new products or services; statements related to future capital expenditures; statements related to future economic conditions or performance; statements as to industry trends and other matters that do not relate strictly to historical facts or statements of assumptions underlying any of the foregoing. These statements are often identified by the use of words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," or "will," and similar expressions or variations. These statements are based on the beliefs and assumptions of our management based on information currently available to them. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results and the timing of certain events to differ materially from future results expressed or implied by such forward-looking statements. Factors that might cause such differences include, but are not limited to: risks associated with our ability to successfully develop and market IP Transit and Ethernet Exchange services, including but not limited to identifying, obtaining, operating and maintaining attractive network switch sites, equipment, software and business support systems, such as our Ethernet Exchange web portal, cost estimation errors or overruns, interconnection delays, material delays or shortages, our inability to obtain necessary third party rights or permits on a timely basis, if at all, and other factors, including the impact of regulation, many of which are beyond our control and all of which could delay or negatively affect our ability to offer or market IP Transit and Ethernet Exchange services; and other important factors included in our reports filed with the Securities and Exchange Commission, particularly in the "Risk Factors" section of our Annual Report on Form 10-K for the period ended December 31, 2009 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2010, June 30, 2010 and September 30, 2010, as such Risk Factors may be updated from time to time in subsequent reports. Furthermore, such forward-looking statements speak only as of the date of this press release. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.
About Phoenix NAP
Phoenix NAP, LLC (www.phoenixnap.com) is a privately held organization of operational, networking and management professionals that have worked in the datacenter and IT fields since the early 1990s. The company employs a unique approach to providing flexible datacenter solutions that are tailored to meet the differing needs of small businesses and large enterprises. For more information, visit the company's Web site at www.phoenixnap.com.
About Tinet:
Tinet, a Neutral Tandem company (Nasdaq: TNDM), is a global carrier exclusively committed to the IP and Ethernet wholesale markets. With network presence and customers in EMEA, Americas and APAC, Tinet provides global IP Transit and Ethernet connectivity to Carriers, Service and Content Providers worldwide, within 7 working days. The carrier guarantees customers proactive management of SLAs and protection from dDoS attacks. Established in 2002, Tinet's unique business model, based on focus and simplicity, assures the delivery of the highest standard of service. Tinet has grown to become one of the top 10 global IPv4 backbones and the number one IPv6 network worldwide. For more information on Tinet, please visit www.tinet.net.